This 1983 Spider Is Quite Restoreable And Is Complete With A Good Interior. on 2040-cars

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Marchionne offers belated apology for 'wop engine' comment

Automotive News reports Fiat-Chrysler CEO Sergio Marchionne has issued a written apology for his comments regarding his decision to stick with an Italian engine for the upcoming Alfa Romeo 4C. As you may recall, back in January, Marchionne was quoted as saying, "I cannot come up with a schlock product, I just won't. I won't put an American engine into that car. With all due respect to my American friends, it has to be a wop engine." The CEO penned an apology to the Italian American ONE VOICE Coalition for using the racial epithet, saying that he made the comment in jest. Marchionne also said he realizes his remarks were unacceptable.
ONE VOICE, an organization aimed at fighting discrimination and stereotyping of Italian Americans, thanked Marchionne, Chrysler and Fiat for the apology. Marchionne is an Italian-born Canadian citizen, and he's gotten in trouble for other comments in the past. In 2011, he called high interest rates Chrysler was paying to the Canadian government "shyster rates." He apologized a day later.

Abarth 1000 SP is a retro-styled Alfa Romeo 4C

With the whittled-down Fiat lineup in the U.S., you might've forgotten about the brand's sporty division Abarth. But the brand is still active, still selling sporty Fiats in Europe, and now it has created a one-off roadster to celebrate its racing history. It's the Abarth 1000 SP, and it's styled and named after a 1966 race car that won its class at the 500-kilometer Nurburgring race that year. As other news outlets have noted, it's pretty obvious the Abarth 1000 SP is a restyled Alfa Romeo 4C (also disappearing from both the U.S. and overseas markets), even if Abarth doesn't say so specifically. That's not a bad, thing, though, being both an impressive sports car and one bearing the kind of curves that are perfect for the lines of the original car. The 1966 car's low pointy nose, curvy fenders and myriad vents and scoops fit great, and we also dig the exposed roll bar and cut-down rear cowls. The rear bumper maybe looks a little awkward, but overall, we think it's a well-executed car. Mechanically, it seems unchanged from the 4C. It has the same 1,742-cc turbocharged four-cylinder making 240 horsepower and sitting in the same carbon fiber and aluminum chassis. As such, it should probably be called the Abarth 1740 SP or 1700 SP rather than 1000, since the original was named after the displacement of the modified Fiat 600 engine it used. The car is just a one-off, so you won't be able to purchase one, but you might be able to see it at a European car show or museum someday. Related Video:

Marchionne threatens to move Alfa production out of Italy

Fiat CEO Sergio Marchionne was unsurprisingly frank when asked by reporters about potential investments in Italian manufacturing for Alfa Romeo and Maserati, giving the Italian government the ultimatum, "Italy should decide if they want [Alfa Romeo's relaunch] to happen here or not as Fiat and Chrysler have several alternatives." Them's fightin' words.
Fiat's issue with the government stems directly from its courtroom clashes with the Fiom labor union. The two are currently embroiled in proceedings over longer shifts and shorter breaks, as Fiom has so far refused to sign a new contract citing revised labor laws that it says are anti-union.
According to Bloomberg, Fiat will be spending over $2.5 billion on development of eight new Alfas and six new Maseratis, in a bid to wrest some of the luxury pie away from BMW, Mercedes-Benz and Audi. But that's only going to happen if the government is willing to play ball and make life easier on Fiat.